Lease Termination to Sell Property

[Kelly Pierce]

I have two SF rental properties in CA. I'd like to (potentially) sell both of them. DISCLAIMER: I've been fortunate and have great tenants - none of which have missed a beat during COVID. The rentals (in CA) just don't make financial sense and funds could be better used elsewhere for better investments.

I'm curious where to find current legislation or rules about this. Q: Can I give 60 day notice anytime during the lease that I plan to sell and need the tenants to find alternate housing. Or do I have to wait until the end of the lease (60 days before the end)? 

Q: I believe I have to offer the home to the tenants to buy it first....if they are interested I'd likely miss the bidding wars currently happening in CA or would they need to bid with other bidders?

Lastly, these will be tricky 1031 exchanges and I'd like to do them together or near the same time but the leases end in Sept & Feb.

Any thoughts and/or advice would be greatly appreciated. Also thoughts on what to seek out for my replacement propertie(s). I have some ideas but would love to hear the thoughts of others.